Willis Re Leader Appointed to Board of Casualty Actuarial Society

London, UK, 14 October, Willis Re, the reinsurance arm of global broker Willis Group Holdings (NYSE: WSH), today announced the election of Alice Underwood to the Board of Directors of the Casualty Actuarial Society (CAS) for a three year term.

In her new role Underwood will work closely with existing CAS Directors to advance knowledge within actuarial science as well as foster new research and learning opportunities for actuaries. She has served as Assistant Secretary of the Board of Directors since 2006 and has held a number of leadership positions with the Casualty Actuaries of Greater New York, including President in 2008.

Within Willis Re, Underwood leads the Actuarial practice for North America and provides analytical and risk management services for clients in various lines of business. She joined Willis Re in April 2006 and has over 12 years of insurance industry experience having started her actuarial career with Zurich Re in 1996. Underwood holds a Ph.D. in Mathematics from Princeton University and a B.S. with Highest Honors in Mathematics from The University of Texas.

CAS Board Chairman, Tom Myers said; “We are delighted to welcome Alice Underwood onto the Board of CAS. Her international experience and her background in academia will be assets to the Board as we work to enhance the reputation of our profession as well as expand the role of casualty actuaries in spheres such as Enterprise Risk Management.”

The Casualty Actuarial Society is a professional organisation whose purpose is the advancement of the body of knowledge of actuarial science applied to property, casualty and similar risk exposures. Among its 4,800 members are experts in property-casualty insurance, reinsurance, finance, risk management and enterprise risk management.

Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 20,000 Associates serving clients in some 190 countries. Additional information on Willis may be found at www.willis.com.